Polygreen Resources Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 26, 2020 at 06:28 pm IST
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Polygreen Resources Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced total revenue was TWD 330.875 million compared to TWD 327.531 million a year ago. Operating income was TWD 37.521 million compared to TWD 51.613 million a year ago. Net income was TWD 30.579 million compared to TWD 43.780 million a year ago. Basic earnings per share was TWD 1.39 compared to TWD 1.98 a year ago.
Polygreen Resources Co., Ltd. is engaged in resource recycling and environmental protection. The Company's products include TYREC-Tyrec Reclaimed Rubber, which is used in tires, conveyor belts, inner tubes, ring pads, rubber matting, shoe soles, vibration pads, dock fenders and other rubber products; BUREC-Butyl Reclaimed Rubber, which is used in butyl inner tubes, tire inner liners, butyl adhesives and other butyl rubber-related products; NAREC-Natural Inner Tube Reclaimed Rubber, which is used in the rubber matting, shoe soles and other rubber products; T-Mesh-Crumb Rubber, which is used in various rubber products as compounding substitutes, such as tire, ring pads, and rubber matting, and rubber granule, which is used in the underlayment for running tracks, children's playgrounds, gym, and rubber tiles.
POLYGREEN RESOURCES CO., LTD. 
